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Debt Consolidation

Services offering advice regarding the management of personal debts and the combination of several individual loans into one large loan

1,173 Questions

Who provides the cheapest debt consolidation?

To get the cheapest debt consolidation, you don't have to use a specific service. First find a low interest credit card and transfer all your balances there. The Barclaycard mastercard is one example and has a low rate of 8%.

What is land consolidation?

It can mean a lot of things, but in general, it is land that has been used for a lot of things, but which the government gathers together (consolidates) to use in a better way, or for something else that is needed. One use could be low-cost housing, but that certainly isn't the only use that land consolidation would put to.

Where can one get a business debt consolidation?

Business debt consolidations can be found in several places. The primary place they are found are in business debt consolidation firms as well as business management firms.

Are debt consolidation companies considered helpful?

Yes, they can be extremely helpful if you owe a lot of debt to many different sources. They allow you to pay everything in one bill.

Which debt settlement companies offer the best deals to customers?

The two debt settlement companies that offer the best deals to consumers are Oak View Law Group and CareOne Debt Relief Services. Both of these companies offer free consultation, individual advisors, and a guarantee of ones privacy.

What is the purpose of debt relief companies?

The purpose of debt relief companies is to help a personal get out of financial debt. The usually pay the company to help them get back on track financially.

What companies offer debt solution to consumers in America?

National Debt Relief, Eagle One Debt Solutions, and Fast Debt Settlement are the top 3 recommended services for consumer debt consolidation. They are also well rated through the Better Business Bureau.

Where can a person find debt consolidation help in person?

The difficulty is, the majority of these are revenue driven organizations, which implies their essential interest is on their primary concern as opposed to yours. And keeping in mind that there are many genuine firms furnishing genuine assistance with obligation issues, there are a lot of tricks out there too. Accordingly, on the off chance that you need guidance about your money related circumstance, it's best that you locate a charitable organization that gives assistance to individuals paying off debtors debt redemption.

Why would someone consolidate his or her debt?

It could be easier to consolidate several debts into one amount to eliminate the interest on the smaller accounts and pay off them all off as one bill to one creditor and possibly raise your credit score by doing so.

How can debt consolidation help a consumer repay debt faster?

Debt consolidation loans can be powerful repayment tools. With a lower interest rate, more of your payment goes toward paying off the principal rather than the interest, helping you to save money and get out of debt faster. affordabledebtconsolidation.org

What is a non borrowing spouse in Tennessee?

In Tennessee, a non-borrowing spouse refers to a spouse who is not listed on the mortgage or loan documents but may still have rights to the property. This can affect the rights to the home in cases of divorce, death, or foreclosure. Non-borrowing spouses can have legal protections regarding the property, especially in community property or equitable distribution contexts. It's essential for both spouses to be aware of their rights and responsibilities when it comes to jointly owned property.

How do you know if a credit repair company is reputable?

There are many ways to answer your question. I have worked in the industry for years, and here are the top 5 attributes that I have come up with to answer your question.

1. Check out the company's reputation with the community on blogging websites, BBB, rip off report, etc.

2. Be aware if the company is charging a large upfront fee.

3. Be aware if the company is making claims to be able to remove all of your negative history in a short amount of time.

4. Don't choose a company that only utilizes the dispute method to obtain results. There is much more than disputing required to repair credit.

5. Be sure that the company provides you with your credit repair rights before you sign up- this is a requirement for them.

What collection agency does US Bank deal with?

Elan Financial Services. This is a subsidiary of US Bank. When Elan fails to recover, US Bank will assign the debt to a regional attorney.

What outstanding debts would be best to pay off first?

This is a general rule you can use:

You should first pay off the smallest debt you have by allocating as much extra money you can. Once that account is paid you move on the next one. Use all the money you were using to pay the previous debt to this account until its completely paid off as well. You know move on to the next account using the money you were using for the previous two accounts, and continue doing this until you are only paying one account which should be your largest account. This technique is often referred to as the snow ball effect. Start with your smallest account and finish with your biggest account.

There is other factors that are important to consider like interest rates, account balance, importance of account, account fees and time frames for repayment.

How do you stop relative from running up credit card debt?

You would have to unlawfully detain said relative. Also helpful to not cosign for people.

Is your credit card debt considered joint debt if you are married?

If it is debt you built up before marrying your spouse, then it is solely your financial responsibility to repay the loan. Some couples decide to consolidate debt by rolling all their accounts into one or applying for joint ownership, but this is something that is up to them. If it is an account you opened after you said your vows, many states allow you to specify whether the account is single or jointly owned.

Do you loose you credit points if you had acredit card debt in collections?

Of course. Your "credit" score will be lowered if you become a debtor who doesn't pay your debts. Your credit score is based on your behavior as a person who owes money. If you don't make your payments on time you are a poor credit risk.

Of course. Your "credit" score will be lowered if you become a debtor who doesn't pay your debts. Your credit score is based on your behavior as a person who owes money. If you don't make your payments on time you are a poor credit risk.

Of course. Your "credit" score will be lowered if you become a debtor who doesn't pay your debts. Your credit score is based on your behavior as a person who owes money. If you don't make your payments on time you are a poor credit risk.

Of course. Your "credit" score will be lowered if you become a debtor who doesn't pay your debts. Your credit score is based on your behavior as a person who owes money. If you don't make your payments on time you are a poor credit risk.

Can you loose home to credit card debt?

No. Credit card debt is unsecured and they can take nothing from you ever.

They can only harrass and threaten and trick you into settling for a percntage of what you owe.

What is total credit card debt?

Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.

Can a property be foreclosed on for credit card debt?

Since credit cards are unsecured loans, there is no collateral that the credit card company can repossess if you go into default on your payments.

That being said, a credit card company can take you to court and sue you for the unpaid balance. When that happens, the judge can order income withholding or other measures to settle the debt.

I've never heard of any judge ordering a foreclosure because of unsecured debt, and while I suppose it's possible, I don't think it would ever happen. The amount owed would have to be so immense that it would make sense for the credit card company to go to that much effort.

I hope that helps, and best of luck to you!

--Connie, ConsolidatedCredit.org

How do you chose debt settlement company?

There are so many debt settlement companies but choosing the best one is seriously very tough.

If you need the best debt settlement company you are probably asking yourself that how do i chose the best debt settlement company?

You ask some questions yourself and if you get a satisfactory answer from your questions then you chose the company.

1. Does the Company charge any fees prior to reducing your debt?

It is very important question to chose the best debt settlement company. Your first choice should be a true debt settlement company that has $0 fees until we reduce your credit card debt.

2. How does the Debt Settlement Company Charge its fee?

Most debt settlement companies charge you a flat fee of the debt amount you enroll. For example, a 20%flat fee works like this:

Your Original Debt $10,000.

Service Fee: 20% (10,000 x .20)

= $2,000 Total Fee

If like in the above example your debt is settled for $8,000 and you add the $2,000 fee, you didn't really save much.

3. Are There Any Monthly Fees or "Maintenance Fees"?

No Fees Prior to Settlement means No Fees Prior to Settlement. End of story.

4. Did the Company Explain How the Program Works and Consultant You On All Your Options?

Before enrolling into a Debt Settlement Program, consumers should be fully aware of how a debt settlement program works.

5.Are You Dealing With A Full Service Debt Settlement Company?

A Full Service Debt Settlement Company will handle all aspects of your file from consulting, to negotiating and client support. However, a huge majority of companies are merely signing up clients and then sending it over to a completely different company who handles the negotiations and customer service.

Take this questions and chose the best debt settlement company.

How do you pay of credit card debt?

The best way of approaching credit card debt is by consolidating all your credit card debt (assuming you have more than one credit card) into one account. This will obviously need to be approved by your creditors before you can follow this approach. This makes it much easier to manage payments as you will only need to make one payment to one specific account once a month or as agreed upon. Consolidating debt could also ensure a lower monthly premium although this depends on the financial situation you are in.